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The case notes that an essential element of a requirements contract is the promise by the buyer to purchase the subject matter of the contract exclusively from the seller. Caring Hands Health Equipment & Supplies, LLC, v. Secy of Veterans Affairs, No 2022-2202 (Fed Cir. FAR 16.503(a).
In the case of Sharp Corp Ltd v Viterra BV (formerly known as Glencore Agriculture BV [2024] UKSC 14 , the UK Supreme Court has decided the proper measure of damages under the Grain and Feed Trade Association (“Gafta”) default clause and reaffirmed the interpretation of section 69 of the Arbitration Act 1996 (“AA 1996”).
It would be difficult for a typical buyer to know about the energy efficiency of every type of lightbulb including halogen, linear fluorescent and LED bulbs. Under her leadership, the city consolidated its warehouse operations, centralized all purchasing and contracting operations, and moved to a more customer focused approach.
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